@return2ozma to News • 2 months agoDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.comexternal-linkmessage-square17arrow-up171arrow-down17cross-posted to: [email protected]
arrow-up164arrow-down1external-linkDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.com@return2ozma to News • 2 months agomessage-square17cross-posted to: [email protected]
minus-square@[email protected]linkfedilink6•2 months agoEven if it is, the market eventually recovers. Just keep holding what you’ve got and pretending the market doesn’t exist.
minus-squareFlying Squidlink8•2 months agoAnd if it doesn’t recover, we’ve all got much bigger problems.
minus-square@[email protected]linkfedilink4•2 months agoIf it happens again, the government will bail out several companies and in some more serious cases they will end up under state guardianship. However, politics will be turbulent in that scenario.
minus-squarenickwitha_k (he/him)linkfedilink1•2 months ago in some more serious cases they will end up under state guardianship. Unfortunately, I feel this is unlikely without significant political change.
Even if it is, the market eventually recovers. Just keep holding what you’ve got and pretending the market doesn’t exist.
And if it doesn’t recover, we’ve all got much bigger problems.
If it happens again, the government will bail out several companies and in some more serious cases they will end up under state guardianship. However, politics will be turbulent in that scenario.
Unfortunately, I feel this is unlikely without significant political change.